Results 121 to 130 of about 1,049 (171)
Some of the next articles are maybe not open access.
A Posteriori Ratemaking With Panel Data
ASTIN Bulletin, 2014AbstractRatemaking is one of the most important tasks of non-life actuaries. Usually, the ratemaking process is done in two steps. In the first step, a priori ratemaking, an a priori premium is computed based on the characteristics of the insureds. In the second step, called the a posteriori ratemaking, the past claims experience of each insured is ...
Boucher, Jean-Philippe, Inoussa, Rofick
exaly +3 more sources
Insurance Ratemaking with Endogenous Deductibles
This project examines insurance ratemaking with an endogenous deductible. While it has been assumed that the deductible is exogenous to the claim frequency and severity in the classical nonlife insurance ratemaking practices, its endogeneity has been argued in terms of policyholder’s behaviour and asymmetric information to insurers.
Dongha Lee, Hangsuck Lee, Himchan Jeong
openaire +2 more sources
Grain Area Yield Index Insurance Ratemaking Based on Time–Space Risk Adjustment in China
Sustainability, 2020 The foundation and sustainable development of agricultural insurance involve accurately determining a premium and establishing a dynamic premium adjustment mechanism that matches the agricultural production risk.
Jinzheng Ren
exaly +2 more sources
Exponential Utility Theory Ratemaking: An Alternative Ratemaking Approach
The Journal of Risk and Insurance, 1979The alternative ratemaking methodology proposed here is based on the use of an exponential utility function to describe an insurer's attitude toward risk. Justification for a utility theory approach is provided by considering the relationship between risk, uncertainty, and ratemaking. The specific choice of the exponential utility function results from
openaire +1 more source
Retroactive Ratemaking Permitted
Journal AWWA, 1988The Supreme Court of Rhode Island permitted a city water utility to institute a retroactive water rate to repay its loan from the city.
openaire +1 more source
Journal AWWA, 1966
This article concludes that the Wisconsin Public Service Commission encourages municipal utilities to establish water rates that will provide sufficient revenues to continue adequate water service. The commission is also concerned with the needs of the state of Wisconsin and the need for water rate schedules that will help in attracting and holding ...
openaire +1 more source
This article concludes that the Wisconsin Public Service Commission encourages municipal utilities to establish water rates that will provide sufficient revenues to continue adequate water service. The commission is also concerned with the needs of the state of Wisconsin and the need for water rate schedules that will help in attracting and holding ...
openaire +1 more source
Ratemaking of Natural Risks in Agriculture [PDF]
Journal of Insurance Issues, 1988 Agricultural risks are characterized by infrequent, but catastrophic losses. Agricultural insurance programs, therefore, often take the form of mutual long-term arrangements, where the risk is being shared on the basis of a temporal spread of the financial burden. The insurance arrangement is, thus, analogous to a loan.
Iskander S. Hamwi, Edward Nissan
openaire +1 more source
Journal AWWA, 1993
In 1987, the Montana legislature mandated that private water service providers were to pay for maintaining pipelines from the main to the owner's property line. The day the law went into effect, Mountain Water Company filed a complaint in the federal courts against the state Public Service Commission (PSC), seeking to have the law declared ...
openaire +1 more source
In 1987, the Montana legislature mandated that private water service providers were to pay for maintaining pipelines from the main to the owner's property line. The day the law went into effect, Mountain Water Company filed a complaint in the federal courts against the state Public Service Commission (PSC), seeking to have the law declared ...
openaire +1 more source
Journal AWWA, 1966
It is the author's observation that most rates are based upon past and present costs with too little, if any, consideration of what costs will be over the period during which the rates will be in effect. This results in immediate attrition in the net income from the new rates.
openaire +1 more source
It is the author's observation that most rates are based upon past and present costs with too little, if any, consideration of what costs will be over the period during which the rates will be in effect. This results in immediate attrition in the net income from the new rates.
openaire +1 more source
Insurance Ratemaking and a Gini Index
Journal of Risk and Insurance, 2013AbstractWelfare economics uses Lorenz curves to display skewed income distributions and Gini indices to summarize the skewness. This article extends the Lorenz curve and Gini index by ordering insurance risks; the ordering variable is a risk‐based score relative to price, known as a relativity.
Edward W. (Jed) Frees +2 more
openaire +1 more source